Actually, neither of the papers that Luke linked to seem to discuss whether consequentialist theories can be represented deontologically. They seem more interested in the reverse question.
Did you mean to say that consequentialism needs a cardinal ranking, rather than an ordinal one? A two-category ranking is certainly an ordinal one!
No I didn't, but I should have said that usually consequentialism typically has a higher resolution - i.e. more categories if it's an ordinal ranking - so you're still losing information by making it deontological.
This was demonstrated, in a certain limited way, in Peterson (2009). See also Lowry & Peterson (2011).
The Peterson result provides an "asymmetry argument" in favor of consequentialism:
Another argument in favor of consequentialism has to do with the causes of different types of moral judgments: see Are Deontological Moral Judgments Rationalizations?
Update: see Carl's criticism.